ADVERTISEMENT

Szijjártó: Government aims to link regional energy grids

Int’l Relations

The government is working towards ensuring Hungaryʼs energy security and wants to link the energy grids of countries in the region, Foreign Minister Péter Szijjártó said yesterday following a meeting with the European Unionʼs top energy official, Maros Sefcovic.

Gas transportation infrastructure development has been hampered by Romania and Croatia not completing the necessary investments for interconnectors despite EU and bilateral agreements, said Szijjártó.

The minister again stressed the importance of a strategic large capacity gas pipeline linking Turkey with Central European countries.

Szijjártó promised there would be no utility price increases in Hungary and they were working with the EU on an agreement to ensure this.

Maros Sefcovic said he understands the governmentʼs careful approach to the matter and their need to protect vulnerable consumers. Consumer protection is also part of the EUʼs energy policy, he added.

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan Debt

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan

EC Puts Hungary 2024 GDP Growth at 2.4% EU

EC Puts Hungary 2024 GDP Growth at 2.4%

HU-rizon Program: HUF 8 bln Funding for International Resear... Science

HU-rizon Program: HUF 8 bln Funding for International Resear...

Inspiring Women at the Focus of Gourmet Fest In Budapest

Inspiring Women at the Focus of Gourmet Fest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.